Ethereum

Shift

United

Bitcoin

Polkadot

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/corporate-investors-shift-focus-to-bitcoin-as-ethereum-sells/" data-wpel-link="internal">Corporate Investors Shift Focus to Bitcoin as Ethereum Sells</a> 
The moves of corporate investors towards crypto asset investment products continue. Last week, there was an inflow of $862 million. Let’s take a look at the shaping of interest in which cryptocurrencies by the institutions. 
<h2 style="text-align: justify" id="institutions-selling-ethereum-to-purchase-bitcoin">Institutions Selling Ethereum to Purchase Bitcoin</h2> 
We see that the inflows for <a href="https://coin-turk.com/analist-bitcoinin-nasil-11-000-dolara-cikacagini-acikladi" data-wpel-link="internal">Bitcoin</a> are at the level of $865 million. Notably, there has been an outflow of $18.9 million in <a href="https://coin-turk.com/binanceden-onemli-ethereum-sinyali-yuzde-30luk-hareket-kapida" data-wpel-link="internal">Ethereum</a> by institutional investors. 
On the other hand, institutional investors have been particularly investing in Solana, <a href="https://en.coin-turk.com/cardanos-stride-amidst-secs-crypto-clampdown-the-recent-developments-unveiled/" data-wpel-link="internal">Cardano</a>, and <a href="https://en.coin-turk.com/polkadot-dot-experiences-remarkable-surge-in-december/" data-wpel-link="internal">Polkadot</a>. Accordingly, Solana has seen an inflow of $6.1 million, while Cardano and Polkadot have respectively seen inflows of $1.1 million and $2.4 million. For <a href="https://coin-turk.com/vitalik-buterin-ethereuma-eth-100-milyon-dolar-kazandirdi" data-wpel-link="internal">Litecoin</a>, there has been an inflow of $200,000. 
<h2 style="text-align: justify" id="what-is-the-situation-by-country">What is the Situation by Country?</h2> 
Looking at the situation by country, the United States is undoubtedly the country with the most inflows. Especially after the approval of spot <a href="https://en.coin-turk.com/famous-fund-manager-expects-record-breaking-rise-in-bitcoin/" data-wpel-link="internal">Bitcoin</a> ETFs, the country maintains its leadership. Accordingly, it is seen that there has been an inflow of $897 million from the USA. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-335886 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/kurumsallar-coin-turk-com--scaled.jpg" alt="" width="1277" height="2560"> 
There are two more countries with notable inflows. Accordingly, inflows from Australia are seen to be $1.5 million. Brazil stands out with inflows of $2.9 million. 
Looking at the outflows, the countries with the most significant outflows are Canada, Switzerland, and Germany. Outflows from these countries are respectively $20.3 million, $15.6 million, and $10.5 million. Lastly, there has been an outflow of $2.4 million from Sweden. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/corporate-investors-shift-focus-to-bitcoin-as-ethereum-sells/" data-wpel-link="internal">Corporate Investors Shift Focus to Bitcoin as Ethereum Sells</a></h5>

Corporate Investors Shift Focus to Bitcoin as Ethereum Sells

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